Seven bedroom HMO, located within Cathays Golden Triangle.
- PROPERTY TYPE
End of Terrace
- BEDROOMS
7
- BATHROOMS
3
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Description
Are you looking to purchase a new student HMO? This wonderful seven bedroom is located within one of the most desirable streets in Cathays. After more than 20 years of ownership the current owner has not had a single period the property has not been rented out.
The property comprises of seven bedrooms and three bathrooms, the ground floor comprises of the first bedroom, a cloakroom, kitchen and living room with access to a large garden which is part paved and part turf. The first floor comprises of one bathroom and a separate shower room and four bedrooms. The second floor comprises of two bedrooms and one bathroom.
The property would benefit from cosmetic work to the interior to increase the potential income of the property in the next academic year. The property is currently fully let until 2024 and is achieving between £425 - £450 per room per calendar month. With investment into the property an investor could look to achieve between £500 - £550 per room PCM.
The current gross income of the property is £36,600 per year giving the property a 8.6% Yield.
Council Tax band - E
Tenure - Freehold ( Please confirm with your solicitor)
Brochures
Full DetailsEnergy performance certificate - ask agent
Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.
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Seven bedroom HMO, located within Cathays Golden Triangle.
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Cathays Station0.3 miles
- Cardiff Queen Street Station0.7 miles
- Cardiff Central Station1.1 miles
About the agent
Uniek Residential Limited, Cardiff
92 Woodville Road, Cathays, Cardiff, CF24 4ED
Here at Uniek we've been there, we've rented properties and understand what we people want, what makes for an easy, straightforward rental. We are here to make the procedure as easy, fun and stress free as possible dealing with real people, real properties for a honest, real service.
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Visit our security centre to find out moreDisclaimer - Property reference 12134029. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Uniek Residential Limited, Cardiff. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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